154-0513/05 – Financial Management (FMa)

Gurantor department	Department of Finance	Credits	5
Subject guarantor	doc. Ing. Miroslav Čulík, Ph.D.	Subject version guarantor	doc. Ing. Miroslav Čulík, Ph.D.
Study level	undergraduate or graduate
		Study language	English
Year of introduction	2019/2020	Year of cancellation
Intended for the faculties	EKF	Intended for study types	Follow-up Master

Instruction secured by
Login	Name	Tuitor	Teacher giving lectures
CUL33	doc. Ing. Miroslav Čulík, Ph.D.
GUR022	Ing. Petr Gurný, Ph.D.

Extent of instruction for forms of study
Form of study	Way of compl.	Extent
Full-time	Credit and Examination	2+2

Subject aims expressed by acquired skills and competences

The aim of the course is to introduse the students in selected areas of financial decision-making. Students will be able: - to introduce the importance of time value of money into decision-making, - to apply investment criterions, - to analyze and select optimal sources for company financing, - to propose financial plan of a firm.

Teaching methods

Lectures
Tutorials

Summary

The course develops selected issues of the corporate finance fundamentals; in addition, new issues and problems are studied and explained in order to support the quality of the financial decision-making. Attention is paid particularly to financial analysis, financial planning and valuation.

Compulsory literature:

BRIGHAM, Eugene. Financial Management: Theory & Practice. New York: South-Western College Pub, 2019. 1180 p. ISBN 130563229X. CLAYMAN, Michelle, et al. Corporate Finance: a practical approach. New York: Wiley, 2018. 528 p. ISBN 1118105370. VERNIMMEN, Pierre et al. Corporate Finance: Theory and Practice. New York: Wiley, 2015. 1056 p. ISBN 0470092254.

Recommended literature:

BENNINGA, S. Principles of Finance with Excel. London: Oxford University Press, 2017. 801 p. ISBN 978-0-19-975547-9. LASHER, W.R. Financial Management.A Practical Approach. New York: South-Western College Pub, 2018. 837 p. ISBN 978-0-538-74358-7. ROBINSON, T.R., et al. International Financial Statement Analysis. New York: Wiley, 2018. 828 p. ISBN 978-0-470-28766-8.

Additional study materials

Study supports in the EduDocs system

Way of continuous check of knowledge in the course of semester

Credit - written test Examination - two parts (written, oral)

E-learning

Other requirements

There are no other requirements on student.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Principles of financial management and decision-making 2. Methods and approaches of the company´s financial performance assessment 3. Financial analysis of a company 4. Pyramidal decomposition, influence quantification and prediction models 5. Company´s capital structure, costs of capital, models for cost of capital determination. 6. Capital structure optimization. 7. Capital budgeting – objective, principles, stages, categorization of investments. Project´s cash flow prediction. 8. Investment project evaluation. 9. Analysis of risk factors of investments. Assessment and selection of mutually exclusive investments. 10. Capital sources of a company. Rules for assets financing. Comparison and selection of optimal source. 11. Dividends and dividend policy of a company. 12. Financial planning. 13. Company valuation.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)

Task name	Type of task	Max. number of points (act. for subtasks)	Min. number of points	Max. počet pokusů
Credit and Examination	Credit and Examination	100 (100)	51
Credit	Credit	25 (25)	13
Zápočtový test	Written test	25	13	2
Examination	Examination	75 (75)	38	3
Písemná část zkoušky	Written examination	15	8	3
Ústní část zkoušky	Oral examination	60	30	3

Valid from	Valid until	Mandatory attendence participation
Apr 10, 2019 10:21:35 AM	Dec 15, 2022 11:22:55 AM	credit test, examination (written and oral part)

Mandatory attendence participation: lectures and seminars attendance: no obligation credit test, examination (written and oral part)

Show history

Conditions for subject completion and attendance at the exercises within ISP: lectures and seminars attendance: no obligation credit test, examination (written and oral part)

Show history

Occurrence in study plans

Academic year	Programme	Zaměření	Form	Study language	Tut. centre	Year	Type of duty
2025/2026	(N0414A050002) Marketing and Business	OB	P	English	Ostrava	1	Compulsory	study plan
2024/2025	(N0414A050002) Marketing and Business	OB	P	English	Ostrava	1	Compulsory	study plan
2023/2024	(N0414A050002) Marketing and Business	OB	P	English	Ostrava	1	Compulsory	study plan
2022/2023	(N0414A050002) Marketing and Business	OB	P	English	Ostrava	1	Compulsory	study plan
2021/2022	(N0414A050002) Marketing and Business	OB	P	English	Ostrava	1	Compulsory	study plan
2020/2021	(N0414A050002) Marketing and Business	OB	P	English	Ostrava	1	Compulsory	study plan

Occurrence in special blocks

Block name	Academic year	Form of study	Study language	Year	W	S	Type of block	Block owner
Incoming students MS	2025/2026	Full-time	English				Choice-compulsory	163 - International Office	stu. block

Assessment of instruction

2023/2024 Summer